Default Equity Account

[Kristi]

My accounting was restarted last year.
My general fund (budgeted items) 01 was defaulted to 3110 Unrestricted
All my other funds,02-06, were defaulted to 3210 Temp Restricted

I am trying to set up to use Donor Restrictions.
I found a post where Zorak wrote to have 3110 set up in all funds.
If I do that do just my donor restrictions, in funds 02-06, go to the default 3110 and the rest of the fund balances for 02-06 stay like they are now?

What I was concerned about is the 3110 balance being off if all the funds balance go in with operating. I just re-thought...I run the reports by fund, so my balances should not be getting "mixed together."

Am I clear as mud on my question?

[JohnDMeyers]

Just creating accounts 02-3110-000 through 06-3110-000 won't change the fund balances. You have to perform some transaction to put amounts into those accounts.

Since you have amounts that are Temporarily Restricted, they will eventually be "released from restriction". When you release the amounts, the equity amounts will change.

Some of your question was not clear.

[Kristi]

That is what I wanted to know!
I'm ready to try now.
Thank You
Kristi